News

The Strait of Hormuz might look like just a narrow stretch of water, but it’s one of the most important routes for the ...
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...
As military hostilities keep worsening between Iran and Israel, Tehran is threatening to close the Strait of Hormuz. The strategic waterway is the ‘world’s most important oil transit chokepoint’ — rou ...
Iranian lawmaker says Tehran considering closing waterway, described as ‘world’s most important oil transit chokepoint’.
Tehran is seriously considering the possibility of closing the Strait of Hormuz to shipping, which will greatly affect world ...
Israel's air strikes on Iran are unlikely to cause a major disruption to oil supply, and market analysts believe a full-scale ...
India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...
The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption passes through it. Israel-Iran strike news: The tension between Israel ...
Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...
Iran considers closing the world’s most important oil corridor following Israeli attacks and the suspension of nuclear talks ...
The UK sent jets and air tankers amid fears Iran will blockade Strait of Hormuz and spark massive oil price hikes.